Scholz: Germany must unite to overcome the economic crisis

German Chancellor Olaf Scholz on Wednesday called on the ruling coalition and the democratic opposition to come together to overcome the "must of bureaucracy, risk aversion and despair" that has weighed down Europe's biggest economy in recent years.

It was also essential, he said, to avoid "those who want to make political gains from downturn scenarios and incite panic" amid a sharp rise in support for Germany's far right.

"Citizens are fed up with this stagnation, and so am I," Scholz said in a speech in the lower house of the Bundestag during a 2024 budget session, showing a black eye after a jogging accident. .

The chancellor announced a "new German pact" with a series of measures aimed at streamlining the country's sluggish bureaucracy and speeding up the digitization of the economy./ CNA

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